News
Macron gambles on snap elections to halt Far-Right March
By Francesca Hangeior.
This screen shot shows France’s President Emmanuel Macron speaking during a televised address to the nation during which he announced he is dissolving the National Assembly, French Parliament lower house, and calls new general elections on June 30, in Paris on June 9, 2024. (Photo by Ludovic MARIN / AFP)
French President Emmanuel Macron has taken the biggest gamble of his political career by calling early legislative elections to combat the surge of the far right, with the outcome decisive for his political legacy.
France will go to the polls to vote for a new National Assembly on June 30, with a second round on July 7, Macron said in an address to the nation.
His stunning announcement came after EU election projections showed the far-right National Rally (RN) had scored more than double the votes of his centrist alliance in the French vote.
“The extreme gamble,” wrote Daily Liberation in the front-page headline of its Monday edition.
In his address to the nation, Macron noted that in total far-right parties in France had won almost 40 percent of the vote.
“It is a situation to which I cannot resign myself… I cannot act as if nothing had happened,” Macron added.
The presidential camp now just has three weeks to make up ground on the RN in a short but intense burst of campaigning before France hosts the Paris Olympics in July and August.
With turnout in the European elections projected in France at just over 52 per cent, Macron’s allies will be hoping to attract voters who stayed at home to block the far right.
In a best-case scenario for Macron, his centrist alliance would recover the absolute majority it lost in the 2022 legislative elections and give new impetus to the remaining three years of his presidential mandate.
The nightmare outcome for him would be the RN winning a majority. That would likely see its leader Jordan Bardella, a protege of three-time presidential candidate Marine Le Pen, become prime minister in an uncomfortable “cohabitation”.
A middle scenario, analysts say, would be an anti-extremism coalition between Macron’s centrists and the traditional right-wing Republicans or even left-wing Socialists.
Celine Bracq, director general of the Odoxa polling agency, described Macron’s announcement as a “poker move” at a time when there is a “strong desire on the part of the French to punish the president”.
“It’s something extremely risky,” she told AFP. “In all likelihood, the National Rally, in the wake of the European elections, could have a majority in the National Assembly and why not an absolute majority.”
Luc Rouban, political scientist at Sciences Po in Paris, said Macron wanted to “trap” the RN with his sudden election announcement, arguing the party would find trouble mustering quality candidates to challenge for the 577 seats in the National Assembly.
“I think Macron’s idea is to play on something with the right,” he added.
Speaking to AFP, ruling Renaissance party chief and Foreign Minister Stephane Sejourne gave an indication of how the campaign could play out.
He said the party would not challenge outgoing MPs from the traditional left and right for their seats if they were prepared to “invest in a clear project” around the presidential majority.
Leaders of left-wing parties called on their camp to unite to face the RN challenge.
While the balance of power “has evolved”, Socialist party leader Olivier Faure called for “a gathering which allows us to have a project, which allows us to be heard by the French”, and Communist Party leader Fabien Roussel said the left should “work together on a pact for France”.
Across the political spectrum, Eric Zemmour, of the far-right Reconquete, called for “the broadest union of the right”.
Marion Marechal, who headed the party’s list in the EU elections, said she was “ready to meet in the coming days” with Le Pen, who is her aunt, Bardella and Republicans leader Eric Ciotti.
Mujtaba Rahman, managing director for Europe at Eurasia Group, said Macron had taken “a major gamble”.
“This is really him trying to seize the initiative,” he told AFP.
“There is a serious risk of cohabitation”, he added, referring to a situation in which a president and prime minister from opposing political parties have to find a way to run the country together.
“The most likely outcome is more fragmentation, more deadlock and chaos. A complete paralysis.”
News
Tax Reforms: Those criticising it lack knowledge -Akpabio
The Senate President, Godswill Akpabio, has flayed critics of President Bola Tinubu’s tax reforms as lacking an understanding of what the initiatives were truly about.
Akpabio disclosed this during his remarks at the presentation of the 2025 budget estimate by President Tinubu to a joint session of the National Assembly on Wednesday.
He said, “Your Excellency, we commend you on your groundbreaking tax reform initiative. The four tax reform bills—the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and Nigeria Tax Bill, 2024—represent a monumental shift in our fiscal landscape.
It is disheartening that those who have not taken the time to understand these bills are the loudest critics. I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully. This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.
“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”
News
Tinubu presents N47.9trn 2025 Resurrection Budget
Defence and insecurity , infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon.
“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Resurrection Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute speech at 1:10pm on Wednesday.
Earlier in his presentation, the President listed some of the highlights of the budget as defence and security – N4.91tn, infrastructure – N4.06tn, health – N2.4tn, education – N3.5tn, among others.
He expressed commitment to economic renewal, thanking all Nigerians for embarking on the journey of reform and transformation in the last 18 months together.
The President said the economy is responding to stimulus and that his government would continue to take the right steps for economic progress. “The reforms yielding results, no reversals,” he said.
Tinubu stressed that food security is non-negotiable, adding that the government is taking steps to ensure Nigerians feed and not go to bed hungry.
Tinubu said, “Our 2025 is not just another statement of projected government revenue and expenditure; it is one that calls for action.
It is disheartening that those who have not taken the time to understand these bills are the loudest critics. I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully. This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.
“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”
News
BREAKING: President Tinubu Presents N47.9trn Appropriation Bill To NASS
-
News23 hours ago
N141bn Agreements: Reps to Probe Non-Delivery of Tractors, Harvesters
-
News23 hours ago
Constitutional Breach: Reps invite CDS, COAS
-
Sports20 hours ago
Humility, focus fetched my son CAF Player of the Year award – Lookman’s dad
-
News20 hours ago
FG endorses N30 billion for 30 Fed Universities of Agric to begin mechanized farming
-
News20 hours ago
SAD! Youth Corps member slumps, dies in Orientation camp
-
News10 hours ago
Three to die by hanging for killing Delta monarch
-
Sports10 hours ago
CAF Awards 2024: Full List of Winners
-
News9 hours ago
Kaduna returns Abacha family property seized by El-Rufai